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Compensation Philosophy

Wake Forest University seeks to recruit and retain diverse, well-qualified, and highly-motivated faculty and staff members, while rewarding individual contributions to the institution, its students, and the community.

Wake Forest University is committed to providing a comprehensive Total Rewards package to support its motto, Pro Humanitate (For Humanity), which is a calling to use our knowledge, talents and compassion to better the lives of others.

Compensation Objectives:

  • Recruit and retain diverse, well-qualified, and highly motivated faculty and staff members and incenting equitably and fairly based on individual, departmental, and organizational performance.
  • Provide strategic and operational advice to leadership on pay issues, market trends, and performance management.
  • Set policies for managing compensation and career progression that ensure internal equity and consistent application of the program.
  • Regularly monitor the effectiveness and compliance of the compensation program and practices and its continued competitiveness while mitigating risk for the University.
  • Communicate the program to ensure understanding within the university community.